12.03.2025

New Zealand is set to make its Golden Visa Program simpler and more accessible from April 1, 2025, aiming to attract more foreign investors. The changes include removing the English language requirement, streamlining investment categories, and offering more investment options.

Immigration Minister Erica Stanford announced that the visa will now have two categories: Growth and Balanced. Growth investors must invest at least NZD $5 million, while Balanced investors need NZD $10 million. The Balanced category will now include property and bond investments. Investors choosing more active investments will have fewer residency requirements.

Applicants must complete their investments within six months, with an option to extend if needed. The removal of the English language requirement makes the application process more accessible to a wider range of investors.

Business and migration expert Marcus Beveridge welcomed the changes, saying they could boost New Zealand’s housing market and economy. The government hopes these reforms will encourage more wealthy individuals to invest in the country.